Tax Reform: Effecting ALL Businesses

With the passage of the new tax bill in December 2017, many businesses are now evaluating the effect of the new tax bill. For some this means a change in business operations, for others it’s business as usual. For all there will be some changes in your tax reporting. Join RSM on Wednesday, April 4 as we present Tax Reform: Key Provisions of the Tax Cuts and Jobs Act as part of the Association of Washington Business webinar series.

Members of RSM’s Washington National Tax team, which is led by Patti Burquest out of D.C.– will present an overview of the key provisions of the tax bill, as well as international and state and local considerations.

Topics covered will include:

New provisions affecting corporations and pass through entities

New rules for net operating loss carryovers

Elimination of the alternate minimum tax (AMT) and conversion of AMT credit carryovers to refundable credits

Transition to a territorial-type tax system

The one-time repatriation tax

Identification of who is affected by global intangible low-taxed income (GILTI), Base Erosion Anti-Abuse Tax (BEAT) or foreign-derived intangible income (FDII)

Presenter:

Ed DeckerPartner, Washington National Tax, RSM US LLP

Ed Decker leads the Washington National Tax group in the Subchapter S area. He has nearly 20 years of experience serving public and private companies in a variety of industries, including real estate, retail, construction, publishing and communications. He advises clients and firm personnel on complex S corporation and partnership tax planning and compliance, including merger and acquisition structuring, section 1411 planning, and other issues affecting pass-through entities.

Presenter:

Nick Passini serves as a leader of the firm’s national Partnership Tax Consulting group. Nick and his team provide tax consulting and compliance services to entities taxed partnerships, with a focus on complex planning and compliance issues related to entity formations, sales, mergers and reorganization transactions. He has worked with clients in a wide variety of industries including those in manufacturing, construction, and private equity.